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Misleading Adverts

Pot of Gold Found! - Gold is at a Record High
A spurious advert from a visiting competitor, but rather misleading with a major or untruth in it, not to mention hype.

Gold is at a Record High (repeated 14 times)
Pot of Gold Found!
Cash Paid for Scrap Gold!
H & J Jewellers Antique Roadshow
Couple receive cash award for unwanted items
A LOCAL couple this week had a very lucky day when visiting a H & J Jewellers Antique Roadshow...
Due to Public Demand
H & J Jewellers Antique Roadshow
Is back for 4 days only at
The Imperial Hotel, North Promenade, Blackpool.

So, What's Up Doc?
What's wrong with this leaflet?

  • Gold is at a Record High (repeated 14 times)
    This is absolute rubbish. The price of gold went over $1,000 over ounce in March 2008, over a year ago! In fact, it first went over $900 per ounce in January 2008, and has been over $900 for 13 of the past 16 months.
    Our advice to H & J would be "If you don't know what you are talking about, keep your mouth shut". They are either ignorant about gold prices, or are lying to, and trying to deceive or bullshit their potential customers.

  • Pot of Gold Found!
    A news style headline, and an advert layout used to create the impression, amongst the gullible, that the advert is in fact a news item. Modern media standards ensure that such adverts have to state "Advertisement", which this does, but only in relatively small black lettering, compared with the rather loud and colourful text elsewhere.
    Although this is presented as a news item, there is no reliable reference on it as to the date of the claim. It does state "this week", but when was the advert written we wonder?

  • A Local Couple
    Local to where? As this is a travelling "roadshow", it could have be local to anywhere in the UK.

  • Couple Receive Cash Award...
    No they did not receive a cash award, they sold something they owned.

  • Due to Public Demand
    This is pure Barnum and Bailey!

  • Prices
    "We will pay upto (sic) £200 per troy oz 9ct Gold. We will pay upto (sic) £400 per tro (sic) oz 18ct gold"
    Although these prices are quite respectable, they do say "up to", which makes us suspect that their actual buying prices are much lower.

  • Spelling Errors
    We may be being somewhat pedantic and elitist, but we believe that old-fashioned values such as good spelling are important, and this advert is riddled with errors.
  • Free Valuation Service
    We very much doubt that you will get a "free valuation", what you will get is an offer to buy. The two things are completely different. In any case, a "free" valuation is probably worth what you pay for it - nothing!

  • A Professional Jeweller
    Not very professional at all, judging by the headline error about the gold price, let alone looking at the whole market-trader tone of the advert.

  • See Also:

    Our Conclusions and Advice
    Over more than 40 years in this business, we have seen a stream of similar cash buyers, advertisers, and leafleteers, most of whom pay low prices. We would recommend that any potential seller shops round a little. If you are not satisfied by the price you can get locally, you could always post it or bring it to us, and will almost certainly get a better price than from your local jewellers and dealers.

    Scrap Gold Selling Advice
    Our simple advice about selling scrap gold jewellery in the UK and elsewhere. Avoid get ripped off.

    Any Quantity
    We are happy to buy any quantity of scrap, from a single piece upwards, without limit.
    If you have a large quantity of gold scrap to sell, we will accept your instructions on price, or offer you helpful advice on selling. We are one of the longest established and largest gold buyers in Britain.

    Fair and Competitive Prices
    Our buying prices for gold coins, bars and scrap are fair and competitive, but depend and change based on underlying gold prices, and other market conditions such as supply and demand.

    Sending Gold Scrap by Post
    You are welcome to visit our showroom to sell scrap, but it's also very easy to sell to us using the post. We have a page of advice about sending gold coins and scrap by post.
    We suggest you bring ID if visiting our showroom.

    Gold Selling Form
    You may wish to print out our form to help make it easy for you to list goods you are posting to us for sale or offer.

    We Buy Gold Coins

    We Buy Krugerrands

    We Buy Gold Sovereigns

    We Buy Gold Bars

Pot of Gold Found - Gold is at a Record High
Pot of Gold Found - Gold is at a Record High

 


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